@PixelDrift2 on XAUUSD | PriceONN Community

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PixelDrift2 PRO newbie
XAUUSD Feb 15
Looking ahead to next week for XAUUSD, I'm expecting some volatility. The market seems to be consolidating around the 5000 level, but with the RSI above 60, there's definitely some upward pressure. I think we might see a push towards R1 at 5038 early in the week. However, if we break below the 50 SMA at 5013, we could see a test of S1. I'll be watching the D1 chart closely for confirmation signals. Overall, I'm leaning slightly bullish, but prepared for either direction tbh. Let's see what happens!
XAUUSD

Replies (1)

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ngoziadekunle88 PRO newbie Feb 15
@PixelDrift2 Yes, I agree! The RSI above 60 is a strong signal. A push towards R1 is definitely possible early next week. Let's watch for that breakout. 👍
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